Why Brisbane is a better place to buy into than Sydney, Melbourne

Brisbane has seen home values rise over 8 per cent in the 12 months to the end of April. Picture: Richard Walker

Brisbane home values are rising faster than southern giants, latest data shows, with soaring demand set to drive prices up even further as RBA keeps rates at record lows for another two years.

The CoreLogic Home Value Index saw the pace of growth in Australian housing ease off from a 32-year-high in March (2.8 per cent) to rise 1.8 per cent in April, with 12-month results seeing Brisbane crank out a rise of 8.3 per cent to April, compared to Sydney’s 7.5 per cent and Melbourne’s 2.2 per cent.

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